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Gift card conversion and digital wallet

a digital wallet and gift card technology, applied in the field of gift cards, can solve problems such as cumbersome carrying multiple gift cards

Active Publication Date: 2012-09-20
EBAY INC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

While gift cards are desirable, it is often cumbersome to carry multiple gift cards redeemable only at merchants associated with the gift cards.

Method used

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  • Gift card conversion and digital wallet
  • Gift card conversion and digital wallet
  • Gift card conversion and digital wallet

Examples

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Embodiment Construction

[0017]Although the present invention has been described with reference to specific example embodiments, it will be evident that various modifications and changes may be made to these embodiments without departing from the broader spirit and scope of the invention. Accordingly, the specification and drawings are to be regarded in an illustrative rather than a restrictive sense.

[0018]In various embodiments, a method and a system convert the value of a gift card for use with a mobile device. Gift cards can be scanned and the value of the gift card can be transferred into digital cash for use or trade with mobile devices. A gift card converter module associates a value of the gift card with a digital wallet of the mobile device. A digital wallet module enables a financial transaction with the digital wallet of the mobile device. A storage device stores the value of the gift card associated with the digital wallet and the corresponding financial transaction.

[0019]FIG. 1 is a network diag...

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Abstract

A method and a system convert the value of a gift card for use with a mobile device. A gift card converter module associates a value of the gift card with a digital wallet of the mobile device. A digital wallet module enables a financial transaction with the digital wallet of the mobile device. A storage device stores the value of the gift card associated with the digital wallet and the corresponding financial transaction.

Description

TECHNICAL FIELD[0001]Example embodiments of the present application generally relate to gift cards, and more specifically, to a method and system for scanning gift cards and transferring their values into digital cash for use or trade.BACKGROUND[0002]Gift cards and stored value cards have increased in popularity. A gift card or a pre-paid card may be a safe and convenient way to avoid carrying or handling cash and loose change. Stored value cards are frequently referred to as gift, pre-paid or cash cards, in that money is deposited or activated in the account associated with the card before use of the card is allowed. Also, it is often convenient to give pre-paid cards as gifts or to use pre-paid cards to pay for transactions while traveling.[0003]While gift cards are desirable, it is often cumbersome to carry multiple gift cards redeemable only at merchants associated with the gift cards. Furthermore, the residual value or the remaining amount in a gift card can be forgotten.BRIEF ...

Claims

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Application Information

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IPC IPC(8): G06Q40/00G06Q20/00
CPCG06Q30/06G06Q20/3276G06Q20/351G06Q20/342G06Q40/04G06Q20/28G06Q20/36G06Q20/3223
Inventor YANKOVICH, STEVEMELCHER, RYANVERES, ROBERT DEAN
Owner EBAY INC
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